Auto insurance for high-risk drivers in Oregon

There were 50.099 accidents on Oregon roads in 2018. 27,717 involved passenger and driver injuries and 446 were fatal. The state’s 2018 accident rate fell 13% over the previous year, but it still has its share of high-risk drivers. Oregon may require you to have high-risk auto insurance if you have had at least one speeding ticket or an accident, as well as one DUI.

Oregon rates for high-risk auto insurance

Oregon’s high-risk auto insurance rates are different for each driver. The average price of car insurance is determined by individual factors such as your credit score, claims history and ZIP code. It also depends on the type of coverage you need.

Your driving record and age are also factors that can impact your insurance premiums. These factors indicate your risk level. Oregon drivers with at least one speeding ticket or an accident, or who just got their license, will pay the highest premiums for high-risk car insurance in Oregon.

Rates for speeding tickets

Many Oregon car insurance companies will raise your premium after you get a single speeding ticket. Oregon Mutual is the exception, with a 0% rate hike after your first speeding ticket. Your premium will rise if you have a higher insurance provider. It could go up to 14%.

The number of tickets you have is another factor that can impact the cost of insurance. While a single speeding ticket might not have a significant impact on your premium, three tickets could cause your rates to skyrocket. You will also have to pay a fine for each speeding ticket you receive in Oregon.

These are the average rates of increases following a speeding ticket by some of the largest Oregon car insurance companies:

Rates for an accident

Your car insurance premium in Oregon will rise by at least 22% if you are involved in an accident. Depending on which car insurance company you have, your rate may rise as high as 183%.

Other than a higher insurance rate, getting into an Oregon accident can have other consequences. To cover damages and any injuries, you’ll have to pay your insurancedeductible. If the accident was caused illegally, recklessly driving, or texting, you may also be fined. It is possible to lose your license depending on how many accidents you have.

Below is a table that shows the average increase in car insurance rates after an Oregon accident. It includes some of the best insurers in Oregon:

Rates for DUI

DUI is the most serious traffic offense you can commit, which will have an enormous impact on your car insurance rates. Oregon drivers who are convicted of a DUI will see their car insurance premiums rise by at least 58%.

You should not worry about your car insurance premium if you are convicted in Oregon of DUI. Your driving privileges could be revoked, your car may be impounded and you could face jail time depending on how serious the offense was. You will need to purchase SR-22 Insurance in order to get your license back.

Your insurance company will determine the cost of Oregon high-risk auto insurance. Your premium may rise by up to 252%, even though the minimum rate increase in Oregon is 58%. These are the average rates of increases following a DUI in Oregon.

Teen drivers: Rate

Teen drivers pay the highest rates for car insurance due to their inexperience. In 2018, 19% of fatal and injury accidents in Oregon were caused by a driver between the ages 15 and 20. As long as a driver is not convicted of any major offenses, the premium for car insurance will begin to decrease once they reach their twenties. Here’s a list of Oregon’s largest insurance companies that offer teen drivers the average annual premiums:

Who are high-risk drivers?

Bankrate defines a high-risk driver to be someone who has had at least one accident at fault, one speeding ticket or one violation of their insurance coverage. The industry standard definition of a high risk driver includes drivers with poor credit scores, SR-22s on their records, or who have filed multiple insurance claims in a short time.

How to lower your rate for high-risk drivers

High-risk drivers are subject to the highest insurance premiums. However, there are ways that you can lower your rate. Here are some tips to help you avoid major rate increases if you’re looking for affordable car insurance in Oregon.

  • Compare multiple quotes before you make a decision about an insurance company.
  • Discounts: Look for companies that offer multiple discounts when you shop for car insurance.
  • Bundle your policies. Most insurance companies will offer a lower rate for homeowners who insure their car and home with the same company.
  • A defensive driver course is a good idea. You will usually be able to get lower car insurance rates if you have taken a driver safety or defensive driving course.
  • Increase your deductible. While raising your deductible will reduce your monthly premium, you should ensure that you are able to afford the out-of pocket cost in case of a claim.

Questions frequently asked

Which is the best auto insurance company?

Everybody has a different opinion on the best auto insurance company. It all depends on where you live, the type of coverage that you require, how much you are willing to spend, and what discounts you are eligible for. We recommend that you shop around and get multiple quotes to compare providers.

What is the Oregon minimum car insurance?

In Oregon, drivers are required to carry at least 25/50/20 personal liability and uninsured/underinsured motorist liability insurance. Oregon’s no fault car insurance laws require that drivers also carry personal injury protection (PIP).